A man buys 15 mangoes for a rupee. How many mangoes had he sold for a rupee so that there is a loss of 25 percent?
a) 20
b) 17
c) 28
d) 38
Answer : a) 20
SSC Constable GD Exam – Elementary Mathematics
Solution
We need to find the selling price that results in a 25% loss.
- Cost Price (CP): The man bought 15 mangoes for 1 rupee. Therefore, the cost price of 1 mango is:
CP per mango = - Selling Price (SP) with 25% loss: A 25% loss means the selling price is 75% of the cost price.
- Number of mangoes sold for 1 rupee: To find how many mangoes are sold for 1 rupee at this selling price:
So, to incur a 25% loss, the man would need to sell 20 mangoes for 1 rupee.